Savvy Tips on Buying a Vacation Home

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Savvy Tips on Buying a Vacation Home

Scottsdale Real Estate Vacation Home

A Scottsdale real estate vacation home may be more affordable than you think. Did you know the interest paid for a second home’s mortgage is tax deductible? In fact, tapping the equity in your first home to put a down payment on a second home can actually give you three (total) mortgage-interest tax deductions. Interest paid on equity loans is tax deductible too!

“Owning a home is one big tax deduction; owning a vacation home can be two–or more.”

If you’re thinking about purchasing Scottsdale real estate second home, or vacation home, ask your tax professional to run the numbers for you. And be sure to check IRS regulations if you intend to rent out your second home for income.

PLAY SMART

For more information about purchasing vacation property, read our FREE online report, PLAY SMART: Savvy Tips On Buying A Vacation Home, by clicking here.

We hope you’ll call us when the timing’s right for you to purchase a second home–and a new tax deduction!

Article: Scottsdale real estate vacation home – More affordable than you think, Brought to you by Luxury Valley Homes.

Savvy Tips on Buying a Vacation Home | Homes For Sale In Scottsdale | Real Estate In Scottsdale Az | Scottsdale Real Estate | Luxury Valley Homes
By |2014-03-11T06:18:14+00:00December 9th, 2012|Buyers, Luxury Valley Homes, Scottsdale Real Estate, Tips|0 Comments

About the Author:

LVH
Jeff and Jane Daley started their careers in real estate after taking early retirement from the corporate world in October of 1999. Their success is achieved by way of their core values. MILITARY SERVICE: Jeff is a Vietnam combat veteran and served in in the US Army. He served with distinction, and received multiple citations.